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Thread: WSOP vs. IRS in foreign winning tax situation

  1. #1
    Owner Dan Druff's Avatar
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    WSOP vs. IRS in foreign winning tax situation

    For those of you who don't know, the US requires the WSOP to withhold 30% in taxes for any foreign winner to where their country of origin doesn't have a tax treaty with the US.

    Unfortunately, it appears that the 2015 PATH (Protecting Americans from Tax Hikes) Act might prevent the WSOP from honoring these tax treaties this year. The IRS just sent Vegas casinos letters, informing them that they can no longer issue their own ITINs (Individual Taxpayer Identification Numbers), and that such numbers must be issued by certified IRS agents.

    Russ Fox wrote an article explaining this today: http://www.taxabletalk.com/2017/02/1...r-issue-itins/

    However, the WSOP disagrees!


  2. #2
    a good primer on Taxes and the 2017 WSOP

    http://www.taxabletalk.com/2017/05/2...s-2017-update/
    http://www.miraclecovers.com

    "Donk down, thatís what you say to someone after they have lost 28K straight?" - Phil Hellmuth, online

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